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CEAC-2021-07-July

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Techline<br />

Dead Lithium Batteries Could Find<br />

New Life Through Process That Recycles<br />

Critical Rare-Earth Elements<br />

FISHERS, Ind. — American Resources Corp., a socially responsible<br />

supplier of high-quality raw materials, recently<br />

announced an expansion of its existing sponsored research<br />

program with Purdue University.<br />

The agreement will focus on advancing the purification of<br />

critical and rare-earth elements (“REEs”). The partnership<br />

builds on a previous agreement to advance a Purdue-developed<br />

technology to refine rare-earth elements purification<br />

technology to recycle permanent magnets and lithium-ion<br />

batteries pulled from sources such as hard disk drives, electric<br />

vehicles and wind turbines.<br />

The technology was developed in the laboratory of Linda<br />

Wang, Purdue’s Maxine Spencer Nichols Professor of Chemical<br />

Engineering.<br />

“Purdue has been a fantastic, innovative and commercially<br />

driven partner to work with,” said Mark Jensen, American<br />

Resources CEO. “The rare-earth element purification technology<br />

that we are commercializing is extremely exciting,<br />

and we are both on the same page in terms of getting it to<br />

the market as efficiently as possible. Given the early success<br />

of our existing research program, it made sense to expand<br />

the program in short order to include the feedstocks that we<br />

are most focused on, such as lithium-ion batteries and coalbased<br />

waste and byproducts. Collectively, our process chain<br />

of technology and feedstocks enables us to help restore the<br />

domestic supply chain of these critical materials in the most<br />

sustainable and environmentally friendly and beneficial ways<br />

ever developed. We believe this is where the U.S. needs to<br />

drive innovation and compete with China in this market. The<br />

team at Purdue is an important part of this, and we look<br />

forward to pushing aggressively forward with commercialization<br />

of the technology and showcasing the low cost and<br />

environmentally sensitive technology.”<br />

Given the early success of its previously announced agreement,<br />

American Resources entered into the expanded<br />

agreement with the Purdue Research Foundation Office of<br />

Technology Commercialization to further refine the LAD<br />

chromatography process and technology to include the<br />

recycling, reprocessing and purification of critical rare-earth<br />

elements from lithium-ion batteries and coal waste and<br />

byproducts. The new agreement builds on the acquisition<br />

of certain licenses associated with the Purdue-developed<br />

technology to separate and purify rare-earth elements using<br />

ligand assisted displacement (“LAD”) chromatography, a<br />

technology specific to the recycling of permanent magnets<br />

for rare-earth elements.<br />

54<br />

| Chief Engineer

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